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How Many Hours Is Your Soul Worth? Biglaw Has A Number

Ed. Note: Welcome to our daily feature Trivia Question of the Day! According to Bloomberg Law’s Workload & Hours Survey, what is the average billable hour target for associates? Hint: 92% of respondents report the consequences for not hitting the billing target...
SEC to Draft Exemption for Bail-In Securities, Atkins Says

SEC to Draft Exemption for Bail-In Securities, Atkins Says

A bail-in is a regulatory instrument by which banks close to failure restructure their debt and mandate creditors to take losses. It is the opposite of a bailout, where the costs of saving a bank fall on governments and taxpayers.       A bail-in is a regulatory...